Your team has been asked to develop a forecast for the need for storage in the company's communication devices ten years from now. What method would develop the best forecast? Why? How would you execute this method?
What will be an ideal response?
Since you are tasked with developing a technological forecast ten years into the future, and for a product that has evolved significantly over the last ten years, it is doubtful that a quantitative approach is suitable. Among the judgment methods discussed in the text; salesforce estimates, market research, executive opinion, technological forecasting and the Delphi method, the latter three would hold the most potential for a forecast. Answers will vary as to implementation depending on the approach chosen.
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A provision that allows a policyowner to withdraw a policy's cash value interest free is a(n)
A) partial surrender B) waiver of premium C) automatic premium loan D) grace period
The data above shows the net working capital requirements for Flinder's Camping, a company that makes tents. All figures are in thousands of dollars. What are Flinder's temporary working capital needs in the quarter in which they are greatest?
Minimum Cash Balance $300 $300 $300 $300 Accounts Receivable 80 640 360 100 Inventory 1060 420 60 440 Accounts Payable (330) (330) (330) (330) A) $390,000 B) $510,000 C) $720,000 D) $1,111,000